25 Nov '14, 10pm

Chamber of Digital Commerce Hires Matthew Mellon to Ease Bitcoin's Banking Woes

Chamber of Digital Commerce Hires Matthew Mellon to Ease Bitcoin's Banking Woes

The Chamber of Digital Commerce (CDC) has named bitcoin entrepreneur and banking family scion Matthew Mellon as its new executive committee chairman. Mellon has long been involved in the bitcoin industry, having helped found ventures like Coin.co that focus on compliance solutions for businesses using bitcoin. A former finance committee chairman for the New York State Republican Party , Mellon comes from an American family known for its deep ties in both US banking and politics. Mellon will focus on growing the level of bank involvement in the bitcoin industry, as well as supporting initiatives that enable conversations between the bitcoin space, members of Congress and financial industry leaders, according to the Washington, D.C.-based bitcoin advocacy group. CDC president Perianne Boring told CoinDesk that Mellon’s efforts will help strengthen the industry as a whole, no...

Full article: http://www.coindesk.com/chamber-of-digital-commerce-matth...

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